The founder and chairman of the Adani Group, Gautam Adani, has called the Hindenburg’s report a direct challenge to Indian enterprises.

Recounting the fallout of the Hindenburg report in a letter to shareholders, he said, “Hindenburg’s report was not merely a critique of your Adani Group. It was a direct challenge to the audacity of Indian enterprises to dream on a global scale.”

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Gautam Adani had earlier sought a “national apology” from the US short-seller on social media.

He described SEBI’s “resounding and unequivocal verdict” as closure to a two-year period of intense scrutiny. “With SEBI’s clear and final word, truth has prevailed or like we had always said – Satyamev Jayate,” he said.

Notably on September 18, SEBI gave a clean-chit to Adani Group companies, includin

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